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that is why we have elections. they are smart enough to understand opinions and facts and all of that. they are really good at filtering it out. after all the early voting that is done, 9:00 o'clock on the west coast, it is the voters that have the last say and that is the way it should be. gerri: okay, rich, the public says that 61% of those polled by fox news says that the media wants obama to win. >> yes, i think it is right. in 2008, it was more of the country in love with president obama. this time they are lukewarm with obama but they hate mitt romney. this is one of the few opportunities th mitt romney has two really comes through without the media filter being there. and since you have to be very aggressive towards the president, but he mostly has to try at the affirmative of the program. it is inevitably going to be a choice and people are not going to take them unless he steps it up. gerri: i want to talk to you about this. every pundit that i have talked to have something negative to say about romney. u
that is why we have elections. they are smart enough to understand opinions and facts and all of that. they are really good at filtering it out. after all the early voting that is done, 9:00 o'clock on the west coast, it is the voters that have the last say and that is the way it should be. gerri: okay, rich, the public says that 61% of those polled by fox news says that the media wants obama to win. >> yes, i think it is right. in 2008, it was more of the country in love with president...
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that's why i have elections. compromise. they did not elect me to a compromise with barack obama. we have a few more weeks in this campaign. and we went like that they were going to will have. [indiscernible] >> a lot of folks who run and work for a private charity, nonprofits themselves believe that the government should do more to help the poor rather than less. why do you think that is if they do such a better job than the government does to iraq. >> we are seeing a lot of groups like catholic charities becoming effectively lobby. i don't give them any money. give money to that organization in this bandit lobbying to get the government to do their job. >> second understand the rationale. doing good work. all the government would give us more money. real ticket. >> a lot of people do a good job. unfortunately they become a it -- addictive to welfare. in effect corrupted civil society. one of the deep problems with the welfare state. people he should be dedicated to helping others treacly. >> i admire your good intentions and trying to help. john: i sense of but coming. >> to you
that's why i have elections. compromise. they did not elect me to a compromise with barack obama. we have a few more weeks in this campaign. and we went like that they were going to will have. [indiscernible] >> a lot of folks who run and work for a private charity, nonprofits themselves believe that the government should do more to help the poor rather than less. why do you think that is if they do such a better job than the government does to iraq. >> we are seeing a lot of groups...
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here comes the biggest election of this century. suddenly we have an incredible improvement in unemployment, something that takes the calendar back four years. you worked in the bls. you know how this works. can these numbers be manipulated? >> no, they really can't. it would be extremely hard to manipulate the numbers. absolutely impossible to manipulate and get away with. bls is comprised of career people who are dedicated to their work. nothing but career people there. a real strong sense of objectivity in what they do. would just be impossible to work these numbers. interpreting the numbers is a different issue. the unemployment rate really did go down, and it really was from the household survey. i can tell you, when i look at these reports the first in a look at is not the unemployment rate. it's the number of payroll jobs created. in line the last 67 months, and that survey is of very large survey. is surveying not only 400,000 businesses, its really looking at the employment records of 40 million people. so this is very accu
here comes the biggest election of this century. suddenly we have an incredible improvement in unemployment, something that takes the calendar back four years. you worked in the bls. you know how this works. can these numbers be manipulated? >> no, they really can't. it would be extremely hard to manipulate the numbers. absolutely impossible to manipulate and get away with. bls is comprised of career people who are dedicated to their work. nothing but career people there. a real strong...
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and those have to be discussed among but i suppose that we don't want to discuss those things in an election year. gerri: and also, it begs the question, are you taking power out of the hands of the doctors and hospitals to back to busty making these decisions about care. >> i don't think so. a lot of things occur in the admission process, and smart hospitals, good hospitals are getting on top of this. for instance, in our community we have hospital in plano, texas. texas health resources. there is a group of really hard-core nurses and anybody who is a physician knows when talking about. you don't mess with these ladies. they have taken the bull by the horns and transformed the entire readmission process and the front loaded all the things that cause readmission, all of the communication issues. they wound up producing farmers the cost by 50%. the national average, they reduce the national average of getting someone into gospel by 50 percent in their own hospital, and now they're tackling other areas. gerri: you are a fan. tell me how much money we can save by doing this. >> well, you know,
and those have to be discussed among but i suppose that we don't want to discuss those things in an election year. gerri: and also, it begs the question, are you taking power out of the hands of the doctors and hospitals to back to busty making these decisions about care. >> i don't think so. a lot of things occur in the admission process, and smart hospitals, good hospitals are getting on top of this. for instance, in our community we have hospital in plano, texas. texas health...
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health care, no matter who is elected to. if obama is not reelected, health care might not be so great, but i disagree and think health care will begin in the wake. consumer discretionary stocks like a lot of retailers or like these restaurants was talking about. some very positive trends. i agree with that. gerri: one of the issues we have seen over and over again this year and one of the things i am really concerned about is small investors, regular investors like me hempel of the market. it untruss stocks, the stock market. what would you tell them tonight? >> i would tell them that the conditions are set for a tremendous bull market to go through quite a few years once we solve some of these problems. if we do get romney in their you're going to have tremendous -- the united states is sitting on a tremendous amount of energy, our own energy that is a huge stink. historically a lot of people don't know it, but the best year in a decade to invest is typically the years that ended two. so -- gerri: there is a factor have nev
health care, no matter who is elected to. if obama is not reelected, health care might not be so great, but i disagree and think health care will begin in the wake. consumer discretionary stocks like a lot of retailers or like these restaurants was talking about. some very positive trends. i agree with that. gerri: one of the issues we have seen over and over again this year and one of the things i am really concerned about is small investors, regular investors like me hempel of the market. it...
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it would be seen as a political move in an election year a month away from the election if he was to take a strike based on intelligence. however, not acting could also have political consequences. it is a tough decision for the white house at this point summaries. >> that is a very talented both view, i think, part of analysts that would say that is a pro-american government. there is nothing refusing to allow fbi agents go there, but those aren't the acts of a friendly government, either that, or it was a delay on the part of a very timid government, namely our own to well, i'm still trying to find out the dynamics there. the one thing i can say is that the reaction in the aftermath of the assault was very different than what we saw in egypt. there were some arrests, although it does look like the people who were arrested first, were anything more than the usual suspects. the other problem i think is that the government doesn't really have that much capability. they need to negotiate with a lot of militias in eastern libya that have different agendas than the government and may not
it would be seen as a political move in an election year a month away from the election if he was to take a strike based on intelligence. however, not acting could also have political consequences. it is a tough decision for the white house at this point summaries. >> that is a very talented both view, i think, part of analysts that would say that is a pro-american government. there is nothing refusing to allow fbi agents go there, but those aren't the acts of a friendly government,...
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and we've settled the election and there is a decision on election day, and we get through the lame duck congress, and i mean, to some degree, some uncertainty is solved. what chance of a real boom, 3, 4% growth? >> i think it's there, stuart. again, it's probably only slightly higher than the more negative scenario. first of all, no one is expecting it, so that's the biggest reason that we ought to be talking about it because the concensus is always wrong and the concensus now very pessimistic about 2013. but imagine, if we could get resolution in terms of the election, and resolution on the longer term deficit outlook, how companies who are now sitting on all sorts of cash, holding back on hiring and investment plans because they're not sure what's coming. i even think that consumers now were feeling better despite the uncertainty because the home values are beginning to rise. and i think this economy could grow. >> i've got to close it with a political question and hate to bring politics into this, but i know you love it. what offs a better chance of a boom, a romney victory or an oba
and we've settled the election and there is a decision on election day, and we get through the lame duck congress, and i mean, to some degree, some uncertainty is solved. what chance of a real boom, 3, 4% growth? >> i think it's there, stuart. again, it's probably only slightly higher than the more negative scenario. first of all, no one is expecting it, so that's the biggest reason that we ought to be talking about it because the concensus is always wrong and the concensus now very...
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is this a turning point in the entire election? dan henninger error says yes. at long last we do have a presidential race. dan henninger rejoins the company later this hour and will romney keep the momentum up? at 10:37. here is what you are saying about the debate on our facebook page. if you thought president obama won. we didn't get any like that. here's what we got. jean said last night was a game changer. fence sitters no longer on the fence. romney may have won the battle but the work remains. he has to keep momenm and have plans in place ready to go. keep your comments coming. interesting debate on facebook. here is why you may be calling this a turning point. romney pulled no punches. it was forceful listen to how he addressed the president's energy policies. >> don't forget you put $90 billion, 50 years worth into solar and wind solyndra and i had a friend is it you don't pick winners and losers. you pick losers. stuart: pretty good and kind of new. meanwhile we heard the same story from the president. blame bush. >> one of walked in the oval office i
is this a turning point in the entire election? dan henninger error says yes. at long last we do have a presidential race. dan henninger rejoins the company later this hour and will romney keep the momentum up? at 10:37. here is what you are saying about the debate on our facebook page. if you thought president obama won. we didn't get any like that. here's what we got. jean said last night was a game changer. fence sitters no longer on the fence. romney may have won the battle but the work...
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the election, to some degree, it is related. uncertainty about taxes and regulation in particular is the number one concern they have right now. there is a declining number. connell: you do find reason to be positive? >> i do. connell: do you think more risk is a reason for that matter i think it should be an asset class. connell: always good to see you. dagen: i just gave felt like time to her. i am not buying real estate. it was not a single finger gesture. samsung and apple. connell: another lawsuit over. we bring and adam shapiro covering the story. >> this is a day where you may say score one for samsung. let's start with what they will be able to sell once again. it is the galaxy 10.1. a judge lifted a temporary sales than on the device. even though apple one round one in the time infringement case where samsung was found to have violated patents. here is what samsung says about that device. we are pleased with the court action today which vindicates our position that there was no infringement of apple's design patent and
the election, to some degree, it is related. uncertainty about taxes and regulation in particular is the number one concern they have right now. there is a declining number. connell: you do find reason to be positive? >> i do. connell: do you think more risk is a reason for that matter i think it should be an asset class. connell: always good to see you. dagen: i just gave felt like time to her. i am not buying real estate. it was not a single finger gesture. samsung and apple. connell:...
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stuart: it won't come up in the election? >> it was not a fortunate speech, not consistent, but not a problem. stuart: doug schoen, elizabeth macdonald. thank you very much indeed. here are dagen and connell. connell: all right stuart. dagen: tha
stuart: it won't come up in the election? >> it was not a fortunate speech, not consistent, but not a problem. stuart: doug schoen, elizabeth macdonald. thank you very much indeed. here are dagen and connell. connell: all right stuart. dagen: tha
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the election is not red or blue, it's about your green and no one is on it, but neil. and one word not uttered at the debate someone on the cavuto on business gang should have all taxpayers worrying at the bottom of the hour and up next, the d.c. solutions for the record breaking gas price, that could bring even more pain when you fill up the tank. @c@f? >> good morning, everyone, fox news alert. leon panetta weighing in on the consulate attack in libya moments ago. >> we're doing everything possible to make sure that we go after those who were involved in the attack in libya. as the president has said. our goal is to make sure that we bring those involved to justice. >> we'll bring you any news on libya that happens and meanwhile, the deadly meningitis outbreak is spreading across our country. health officials say 47 people now infected in at least seven states, tennessee, virginia, maryland, florida, north carolina, indiana and now michigan. and five people dead so far from the bacterial infection tied to steroid shots made maya specialty pharmacy in massachus
the election is not red or blue, it's about your green and no one is on it, but neil. and one word not uttered at the debate someone on the cavuto on business gang should have all taxpayers worrying at the bottom of the hour and up next, the d.c. solutions for the record breaking gas price, that could bring even more pain when you fill up the tank. @c@f? >> good morning, everyone, fox news alert. leon panetta weighing in on the consulate attack in libya moments ago. >> we're...
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Oct 3, 2012
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we have elected democratic governors. i think the coloradoens take a look at the candidate and vote for the person they think will do the best job for colorado and the country. >> it seems to me in watching what i feel like the conversation colorado voters are having with each other is that the president thinks women voters and social issues are the key to the reelection and the romney campaign thinks talking about the deficit is a winner here. what say you? are both on the right track to get to 50? >> i think it depends on which base the two parties are trying to get out. obviously the democratic party with its so-called war on women is trying to make sure it gets the turnout from that element. and my party is looking i think more broadly at the fact that the economy effects men and women. the deficit effects men and women young and old. i would suggest that my party and mitt romney are actually waging a campaign that is trying to address real issues as opposed to issues that really haven't proven to be very operative in
we have elected democratic governors. i think the coloradoens take a look at the candidate and vote for the person they think will do the best job for colorado and the country. >> it seems to me in watching what i feel like the conversation colorado voters are having with each other is that the president thinks women voters and social issues are the key to the reelection and the romney campaign thinks talking about the deficit is a winner here. what say you? are both on the right track to...
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to pick up after the election? >> absolutely. smaller companies that are unique and have certain characteristics and an opportunity -- water-related, fracing, health care, banking industry is starting to look at deals. as you look into 2013, you want to say, hey, i can borrow money. i'm an lbo firm, private equity has lots of money. they can borrow money cheap. stocks are cheap. if they get cheaper, you'll see more deals. >> going into the election, that sequestration, the fiscal cliff, how important is this in terms of investing? >> even the martians know about sequestration. it's nothing new. but the answer is, if it happens, you may have another issue because it does create a speed bump in 2013. looking into 2014, if we can pull it off a year from now -- a year from now at this date, 2014 could be very bright. >> all right. we'll leave it there on that bright note. mario gabelli, chairman and ceo of gabelli funds and this year's grand marshal for the columbus weekend. thanks, mario. >> great to be here. great to
to pick up after the election? >> absolutely. smaller companies that are unique and have certain characteristics and an opportunity -- water-related, fracing, health care, banking industry is starting to look at deals. as you look into 2013, you want to say, hey, i can borrow money. i'm an lbo firm, private equity has lots of money. they can borrow money cheap. stocks are cheap. if they get cheaper, you'll see more deals. >> going into the election, that sequestration, the fiscal...
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harry, why do you expect a rally after the election? we'll get nr clarity then? >> that's one thing. the uncertainty is the death of the market. i think we're going to get a correction first. the market is tired. the tired gain of last month was two days. ecb day and qe forever day. that's not good for the markets. the market needs a correction. think now anywhere from 5% to 8% will do it. a lot of money out there waiting to get in the market. they missed it. that's a lot of reason a rally. a lot of money that missed the market rally this year. they're going to find it. >> in fact, eric, you're the opposite of harry. you think yewe're going to see rally now then you're bearish longer term. why? >> if you look back at the market pattern, qe 2, for example, you know, there was a strong rally and anticipation of qe, but once the policy was actually put in place, the market paused. it had to digest the receipt of qe. that took about two or three weeks. we're seeing the same type of thing play out this time around. market anticipating it. and now that it has it, it ha
harry, why do you expect a rally after the election? we'll get nr clarity then? >> that's one thing. the uncertainty is the death of the market. i think we're going to get a correction first. the market is tired. the tired gain of last month was two days. ecb day and qe forever day. that's not good for the markets. the market needs a correction. think now anywhere from 5% to 8% will do it. a lot of money out there waiting to get in the market. they missed it. that's a lot of reason a...
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this election was all about the economy. now it's about the economy and obamacare. and particularly the health care rationing board. i think that was very effective. i think those strategic adjustments are far more important than the good feeling that you have of romney after this debate. >> greta: when should we expect to see the new poll results that reflect the response to the debate? >> yes. they will. have you to remember, rasmussen, the poll thaig think is the most accurate, is a moving five-day sample. so if you will take a week before we have the full post debate polling. but there will be other polls. you will see a big shifting in the polls. joining it's retrievable by obama. i don't think you get a second chance to make a first impression. and i think that romney really scored. i thought when he explained to people that tax cut on the rich would not be on the rich, it was a tax increase on the rich, it was a tax increase on small business employers and they employ 50% of the american workforce. by raising their taxes, you are undermining their ability to
this election was all about the economy. now it's about the economy and obamacare. and particularly the health care rationing board. i think that was very effective. i think those strategic adjustments are far more important than the good feeling that you have of romney after this debate. >> greta: when should we expect to see the new poll results that reflect the response to the debate? >> yes. they will. have you to remember, rasmussen, the poll thaig think is the most accurate,...
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will see them after the election. i think we have enough. and the house is going to be looking-- >>> the president goes to the u.n. and on multiple occasions apologizing apologizing and pandering to radical islamists. >> we paid $seivet,000 to run ads in arab television, apologizing for this and went to the united nations, embarrassed by the first amendment. >> sean: now we are getting lectured, trip transpire, that we need blasphemy laws in merge, part of them come from this president of egypt, whom we are giving how many millions of dollars -- billions, excuse me? >> sean, look. it's clear that there wasn't enough protection of the ambassador. there were four people died because there wasn't enough security. -- >>> wait a minute. but the president keeps saying, this was spontaneous -- >> it doesn't matter-- >>> why are they lying? >> you guy it's [overlapping dialogue] >> it doesn't matter if it was spontaneous or if it was-- >>> it does if the president tells us something that is factually inaccurate! >> it doesn't
will see them after the election. i think we have enough. and the house is going to be looking-- >>> the president goes to the u.n. and on multiple occasions apologizing apologizing and pandering to radical islamists. >> we paid $seivet,000 to run ads in arab television, apologizing for this and went to the united nations, embarrassed by the first amendment. >> sean: now we are getting lectured, trip transpire, that we need blasphemy laws in merge, part of them come from...
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very worried about this audit. >> is this part of the obama re-election campaign? i know it's an answer nobody wants to hear, but answer it. all the governors of the federal reserve board. this republican ben bernanke who preceded obama recognizes one very visible thing, the obstruction that's going on in congress renders the fiscal policy -- and you recognize that there's outright obstruction going on in congress that stops any fiscal policy, what are you going to do? >> what policy? >> it's the only tool left. >> i talk to republicans all the time. i'm a reporter, they're really thinking of this as a political issue. this is a stimulus pae f obama and obama and the a republicans should be embracing this. >> romney has said that he opposes this -- romney has also said that he will not reappoint ben bernanke. there's not a lot of sympathy for bernanke inside that campaign or the gop, that interests me a lot. i'm asking a difficult question, i don't think there's a direct -- i'm not saying that bernanke is deliberately doing qe-3, because probably it won't work in t
very worried about this audit. >> is this part of the obama re-election campaign? i know it's an answer nobody wants to hear, but answer it. all the governors of the federal reserve board. this republican ben bernanke who preceded obama recognizes one very visible thing, the obstruction that's going on in congress renders the fiscal policy -- and you recognize that there's outright obstruction going on in congress that stops any fiscal policy, what are you going to do? >> what...
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day and only a few days in november before election day, tom. you better hope this is a good month. >> three days in november or the month of october. i think it should be october. generally when you have a weak second half of september, october is generally pretty strong. >> last october was one of the best octobers we have had on record. i guess you're looking for a repeat of that but here is my question. if you are concerned about the earnings season and you think the earnings cycle will continue through 2017, i believe you said, then it seems to me that you shouldn't have any concerns about the earnings season because you have to have a major bound and back in earnings without the support from europe and china, you see major recovery there. >> i think that's exactly what's happening, steve. in some ways the manufacturing story is flattening and we're seeing that in a lot of evidence and you have to look at the u.s. construction market as really improving. remember, companies are generating nearly peak earnings today but how if they go 50% be
day and only a few days in november before election day, tom. you better hope this is a good month. >> three days in november or the month of october. i think it should be october. generally when you have a weak second half of september, october is generally pretty strong. >> last october was one of the best octobers we have had on record. i guess you're looking for a repeat of that but here is my question. if you are concerned about the earnings season and you think the earnings...
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it may not be true in subsequent elections but for this election it's okay. republicans in the state of pennsylvania tried this year to block you from voting if you don't have a driver's license or another i.d. like that but they didn't get away with that new law. a judge ruled this week the new rule about i.d. will not be in effect for this election. but yesterday and this was the scoop, we called the state of pennsylvania to ask some questions about voting there in that state this year. this is what we got. listen to this. it's amazing. remember, legally you can vote even if you don't have an i.d. in pennsylvania in this election. you can. listen. >> thank you for calling the pennsylvania department of state bureau of commissions, elections, and legislation. press one for english. press one for information on pennsylvania's new voter i.d. law. press two for -- >> hello. all pennsylvania voters will be required to show a photo i.d. before voting at a polling place beginning with the november 2012 general election. all photo i.d.s must be current and contain
it may not be true in subsequent elections but for this election it's okay. republicans in the state of pennsylvania tried this year to block you from voting if you don't have a driver's license or another i.d. like that but they didn't get away with that new law. a judge ruled this week the new rule about i.d. will not be in effect for this election. but yesterday and this was the scoop, we called the state of pennsylvania to ask some questions about voting there in that state this year. this...
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we have the same election here. is he a candidate saying you're not going to get as much as you were getting? >> except if you've lived under a guy for 14 years and didn't get what you promised you'd get, a brand new house, water running to your brand new house, paved roads, et cetera, et cetera. so you're going to vote for the guy who said he's going to give you all the stuff but hasn't? >> paved roads are good. >> especially if you've been pumping oil for decades and kads. >> people in cambridge, massachusetts w robert f. kennedy. >> it's unbelievable, he's not joking, hugo chavez gives one of the counties. so there is a high beta trade but a lot of people own the bonds because they've got high yield. >> thanks, michelle. >> see you later. >>> coming up, september jobs reports is 0 minutes away. we have john taylor to join the conversation next. so can we get back to work, please? >>> we're counting down to a critical employment report. >>> fx concepts and john taylor on where he thinks the numbers will come in an
we have the same election here. is he a candidate saying you're not going to get as much as you were getting? >> except if you've lived under a guy for 14 years and didn't get what you promised you'd get, a brand new house, water running to your brand new house, paved roads, et cetera, et cetera. so you're going to vote for the guy who said he's going to give you all the stuff but hasn't? >> paved roads are good. >> especially if you've been pumping oil for decades and kads....
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there is no day off when it's 29 days until the november election. if mitt romney is going to be president of the united states, then next week, iowa and ohio will be coin flip races. we're seeing a more confidence mitt romney on the trail. >> we had a little debate earlier this week and i enjoyed myself. you had the chance to hear his answers or non answers. now, of course, days later, we're hearing his excuses. >> but while the romney campaign body language has changed, both are anxiously awaiting the first good post debate polls. those will give us our first look at the race after the debate and the friday unemployment report. plus, where will romney be when the results of those polls begin to come in. will he be in coin flip races in places like ohio, iowa and wisconsin? where will the president's number be? still sitting at 49 or 50 or have fallen down to 47, 48? national tracks are one thing. battleground states are another. tuesday, romney stumps virginia, then ohio with chris christie in cuyahoga falls. in three straight rallies in florida, h
there is no day off when it's 29 days until the november election. if mitt romney is going to be president of the united states, then next week, iowa and ohio will be coin flip races. we're seeing a more confidence mitt romney on the trail. >> we had a little debate earlier this week and i enjoyed myself. you had the chance to hear his answers or non answers. now, of course, days later, we're hearing his excuses. >> but while the romney campaign body language has changed, both are...
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with an election, the fiscal cliff, uncertainty over chinese groeshgts what's going to happen in the middle east. no way these ceos are going to step out on the ledge and give us rosy outlooks. >> you talked about guidance, josh, and how important it's going to be. how much do you expect american corporations to talk about the fiscal cliff and what it's doing to them? >> i don't think it's showing up in the results they're talking about this quarter -- >> but will they give guidance going forward -- >> right now earnings are running 4-1 over positive preannouncements. if you look at what they're blaming, actually, thompson reuters say 50% of the companies have blamed europe, the companies negatively. 8% warned based on strength from the dollar. another 6% blame china. you're not hearing a lot about fiscal cliff uncertainty, at least not yet. i think the right question to be asking ourselves is, whether or not those trends, the things that management are blaming, are bound to continue into another quarter. none of them strike me as one off. all of them strike me as the types of things
with an election, the fiscal cliff, uncertainty over chinese groeshgts what's going to happen in the middle east. no way these ceos are going to step out on the ledge and give us rosy outlooks. >> you talked about guidance, josh, and how important it's going to be. how much do you expect american corporations to talk about the fiscal cliff and what it's doing to them? >> i don't think it's showing up in the results they're talking about this quarter -- >> but will they give...
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. >> tough election. i hope they let the opponent live. and i just keep seeing oil coming down also off of a glut here. it is supposed to be the commodity that was supposed to go up the most after q.e. and it has gone up the least. been terrible. >> crude down 2.5% last week alone, incredible fall. let's get to bob pisani on the floor with what's moving on a monday morning. >> happy monday. i was listening with great interest to your discussion on earnings. the only thing that matters right now on the street, the only thing anybody's talking about is whether this is the tough for earnings and i know about q3 is negative by a few percentage points. try to look at it a little bigger at this point. the question is whether or not we're going to see any kind of modest expansion in 2013 or whether there's going to be dramatically continued contraction. if you're in the expansion camp, you want financials, energy, materials. in the contraction camp, you're generally on the defensive side. the trade everybody's been talking about, jim you alluded
. >> tough election. i hope they let the opponent live. and i just keep seeing oil coming down also off of a glut here. it is supposed to be the commodity that was supposed to go up the most after q.e. and it has gone up the least. been terrible. >> crude down 2.5% last week alone, incredible fall. let's get to bob pisani on the floor with what's moving on a monday morning. >> happy monday. i was listening with great interest to your discussion on earnings. the only thing that...
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he's not going to win the election with this debate. what he can do is to start setting a whole new narrative for him in this debate. that's what he can expect to accomplish. in the president's case, the president is going to have to deal with the economic numbers, have to deal with the libya issue. >> as a debater how do you rate president obama? >> i think he's very good. i think both of them are playing the game. president obama was saying something the other day, i'm not really a good debater. gee -- >> they're both very, very smart guys. >> if you talk about the top 1%, intellect, these guys are in the top 1%. there's nothing to choose between them on intellect. there's a lot to choose between them on policy. i hope they get into a good discussion of policy because from my point of view i think romney would get the better of that but i'm not sure. we'll see. >> we looked at past debates. some folks seem to get into trouble when they start debating over the debate rules themselves. i want to play a quick montage of stuff. >> i have
he's not going to win the election with this debate. what he can do is to start setting a whole new narrative for him in this debate. that's what he can expect to accomplish. in the president's case, the president is going to have to deal with the economic numbers, have to deal with the libya issue. >> as a debater how do you rate president obama? >> i think he's very good. i think both of them are playing the game. president obama was saying something the other day, i'm not really...
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now it will be really interesting to see what happens to health care stocks post the election. >> they have been soaring. it is an excellent report but i have to correct you on something. can you not say fat dividend. it is obese or overweight dividend. it is not politically correct. seema, thank you. >>> eyeing a monopoly. we were fascinated by the "60 minutes" piece on how just one company makes nearly every single pair of glasses on planet earth. can anybody else compete? we're going to speak with a guy trying to compete. >>> but up next, why this ad may be breaking facebook's social mission. it is an interesting story. stick around. [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. >>>
now it will be really interesting to see what happens to health care stocks post the election. >> they have been soaring. it is an excellent report but i have to correct you on something. can you not say fat dividend. it is obese or overweight dividend. it is not politically correct. seema, thank you. >>> eyeing a monopoly. we were fascinated by the "60 minutes" piece on how just one company makes nearly every single pair of glasses on planet earth. can anybody else...
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this november election. in virginia alone, there's been a 92% drop in such requests. why? it's happening despite the implementation of a 2009 voting law which was supposed to help military voters get their absentee ballots overseas. eric eber sol is the founder of the military voter protection project. he is not happy. eric, why? why is it so low? 92% drop in virginia, a heavily military state? >> yeah. it's, you know, it's really shocking, but most of the fingers point straight to the pentagon. the new law that was passed in 2009 was supposed to help make it easier for our service members to register and request an absentee ballot. the inspector general issued a report, of course, about three weeksing that indicated that the pentagon did not implement that law or did not fully implement that law as they were supposed to, and now what we're seeing not only in virginia, but throughout the united states are shockingly low numbers of ballots being requested by military members and their spouses. megyn: so the w
this november election. in virginia alone, there's been a 92% drop in such requests. why? it's happening despite the implementation of a 2009 voting law which was supposed to help military voters get their absentee ballots overseas. eric eber sol is the founder of the military voter protection project. he is not happy. eric, why? why is it so low? 92% drop in virginia, a heavily military state? >> yeah. it's, you know, it's really shocking, but most of the fingers point straight to the...
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we do have an election coming up. but i think the unpinnings of our economy can do a lot more like canada without a whole lot of effort whether energy or retail in the end this number may be very strange but i still think canada gives me a bit of hope. back to you. >> the canadian number is one to watch. we'll see you in a few moments. we should mention the president is being introduced in fairfax, virginia. when he comes to the podium we'll take that live. in the meantime a quick break. we'll talk to the congresswoman trying to save you money on your insurance bill. congresswoman judy biggert will talk how americans are funding big bank bailouts after a quick break. [ male announcer ] at scottrade, weat over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. it's another reason
we do have an election coming up. but i think the unpinnings of our economy can do a lot more like canada without a whole lot of effort whether energy or retail in the end this number may be very strange but i still think canada gives me a bit of hope. back to you. >> the canadian number is one to watch. we'll see you in a few moments. we should mention the president is being introduced in fairfax, virginia. when he comes to the podium we'll take that live. in the meantime a quick break....
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the election is 31 days. are we that close already. >> eric: 6 and 37 days. >> gretchen: i am jumping the gun. it is it right around the corner. kicking off your monday morning with head lines. two days now from the first presidential debate. approximate the president's campaign trying to lower expectation by saying he could be at a disadvantage. >> challengers tend to do well governor mitt romney has more to benefit than we do. >> gretchen: chris christie guaranteeing round one going to romney. >> every time mitt romney is confronted with one of these moments he performs well and laying out his vision clearly and contrasting himself with the opponent. i am confident thursday morning, george. saying it is a brand new race with 33 days to go. >> gretchen: the debate is in the university of the denver. and focus on policy. and a white woman rejected from the university of the texas because of her race. it could be a major cut back with affirmative. judge robert decided to affirm the constitutionity of obama car
the election is 31 days. are we that close already. >> eric: 6 and 37 days. >> gretchen: i am jumping the gun. it is it right around the corner. kicking off your monday morning with head lines. two days now from the first presidential debate. approximate the president's campaign trying to lower expectation by saying he could be at a disadvantage. >> challengers tend to do well governor mitt romney has more to benefit than we do. >> gretchen: chris christie guaranteeing...
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>> everybody points out the fiscal cliff, election, fiscal issues are certainly important. what's important to me from an equity perspective is seeing taxation on equity returns kept low. i really don't want to see the dividend or capital gains rate go any higher than 25%. i'd like to see these two rates stay equal to each other. that's important to us. >> is there a cost to the market associated with that changing n your view? >> yeah, if the dividend rate goes up to the marginal income tax rate, this market will give back some of the rally and it will limit the upside for next year. >> is there a point at which you see obama in the polls and you say actually now i believe that we are going to get the tax hikes and the market should fall? there must be a watershed quite soon as we head towards particularly what happens in the house and the senate. >> our focus has been on the senate. we think that's what's going to mostly influence the outcome. i hope there's appetite to see the rates low. i don't see a benefit from raising them. i would call a coin toss on the senate outc
>> everybody points out the fiscal cliff, election, fiscal issues are certainly important. what's important to me from an equity perspective is seeing taxation on equity returns kept low. i really don't want to see the dividend or capital gains rate go any higher than 25%. i'd like to see these two rates stay equal to each other. that's important to us. >> is there a cost to the market associated with that changing n your view? >> yeah, if the dividend rate goes up to the...